Waec Model Questions Vol1 2023 Commerce Question 46

Practice objective / multiple choice question 46 from the 2023 Waec Model Questions Vol1 Commerce examination.

Waec Model Questions Vol1 2023 Commerce Objective / Multiple Choice Medium Difficulty
Question 46 WAEC_MODEL_QUESTIONS_VOL1 • 2023 • COMMERCE • objective

A wholesaler marks up the cost price of a product by 30%. He then gives a trade discount of 15% to the retailer. The retailer adds a profit margin of 20% on his purchase price and sells the product to the consumer for ₦2,652. What was the original cost price to the wholesaler?

Answer Options

A. 1800
Correct Answer B. 2000
C. 2400
D. 2200
Correct Answer
B
Correct Option:
2000

About This Question

This is Waec Model Questions Vol1 2023 Commerce Question 46. It is one of the objective questions from the 2023 Waec Model Questions Vol1 Commerce examination.

Difficulty level: Medium .

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